Don't want to miss the best from Business Standard?
SEOUL (Reuters) - Samsung Electronics Co Ltd <005930.KS> said on Tuesday it has no plans at present to consider a merger between a holding company and Samsung C&T Corp <028260.KS> in its ongoing structural review.
U.S. activist hedge fund Elliott Management in October called for the world's top smartphone maker to split itself into a vehicle for ownership and an operating company, then merge the ownership company with Samsung C&T.
Samsung Electronics said it will only consider at present whether it should move to a holding company structure.
(Reporting by Se Young Lee; Editing by Stephen Coates)
Disclaimer: No Business Standard Journalist was involved in creation of this content


